Projects Junior Cost Controller

Projects Junior Cost Controller (JO014549) Doha, Qatar

ACCOUNTABILITIES

In compliance with the company Finance & Cost Control methods, processes and deadlines:

To prepare and issue detailed budgets
To be responsible for cost control, cost reporting and invoice processing activities for the project
To develop and maintain the Master Control Estimate/Current Control Estimates (MCE/CCE)

ACTIVITIES

To promote and comply with applicable safety instruction and other Company HSE procedures in all activities
To carry out work in compliance with Company values and policies, relevant laws and regulations, agreed Company priorities and objectives, Company standards and procedures and good industry practices
To treat all information obtained during course of the work with confidentiality

Tender

To support in preparation of Contract documents and provide challenge to the commercial and reimbursable terms, ensure CBS is aligned with WBS

To liaise with VP, Project managers and B&D entity to review Cost Estimate based on benchmark data

Budget

To prepare for review the detailed annual budget and updates in liaison with various internal entities and in agreement with the company (Client) budget standard format provided by finance
To participate in the presentation and to defend the budget performance as required
To control budget availability for each commitment
To ensure budget control, highlighting current trends and to justify variances between Forecast and Budget
To establish register, to update, monitor and control the commitments, expenditure incurred and forecast for all contracts and purchase orders managed by Major Projects
To perform specific Cost Analysis
To provide input to the PALM system, with regard to commitments, payment schedules, invoicing, time sheets and cost control issues, as required
Review training Matrix for MP with Project Control and training department and ensure training are performed when needed

Closure:

To prepare the monthly closure and make sure accruals done in PALM system are in accordance with current project(s) progress
To prepare all necessary documents as necessary for compliance regarding accruals

Cost reporting:

To issue a detailed internal cost report (Trends, Areas of Concern, Budget Variance analysis, Commitment/Expenditure figures, Forecast at completion etc.) with comments and advise Project Management on cost over-runs in a timely manner
To ensure correct and auditable records of all matters with Project expenditures, contracts, budgets, cash flows, forecasts, etc.
To act as the interface with the company (Client) Finance entity and provide them with data for incorporation in corporate financial documents
To supervise the contractors and suppliers cost control activities

Invoicing:

To implement an efficient invoicing process between the different locations of each project
To monitor invoices, in liaison with company (Client) accounting department to enable timely payment of invoices

General:

To promote cost consciousness within the entity
To ensure confidentially is being kept as per sensitive data
To liaise with internal and external auditors for cost justification
To prepare the required cost recovery related documentation
To liaise actively with company (Client) Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes)
To prepare commercial close out of each contract and archive all financial documentation as per NOC guidelines, for the MP costs center
To carry out any other duties or tasks that may be assigned by hierarchical superiors

CONTEXT AND ENVIRONMENT

Major Projects involve the development of new offshore platforms, installation of subsea pipelines and debottlenecking of the produced water treatment, all these activities could be executed across several international sites
Interfaces with other entities of company (Client) especially with Finance for all commercial matters

QUALIFICATIONS & EXPERIENCE REQUIRED

Degree in Economics or equivalent
Minimum 0-5 years’ experience in similar activities for Oil & Gas projects.
Advanced knowledge and experience in use of relevant computer systems (SAP, Excel, Word, PowerPoint)
Fluency in English